Statoil previously has said it wants to produce 2.5 million boe/d in 2020, which will require sufficient rig capacity (OGJ Online, Jan, 13, 2012).

“We have secured rigs for our needs in 2013 and 2014, and we are also targeting the allocation of rigs and developing new rig concepts to ensure more capacity in the market,” said Jon Arnt Jacobsen, Statoil’s chief procurement officer.